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auctions / 30Y / 2014-08-12

Official Result (MOF)

Auction Date2014-08-12
Issue Date2014-08-14
IssueJGB (30-Year) No. 43(reopen)
Coupon (%)1.7%
Maturity2044-06-20
Methodprice conventional
Offering¥600B
Competitive Bids¥2.2T
Accepted Amount¥546.7B
Lowest Accepted Price100.40(1.679%)
Weighted Avg Price100.47(1.676%)
Allotment Ratio
Non-competitive I¥52.5B
Non-competitive II¥87.9B

Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls

Offering Terms (from MOF notice) documents →

Official name利付国庫債券(30年)(第43回)
Legal basis特別会計に関する法律(平成19年法律第23号)第46条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥600B
Bid deadline2014-08-12 12:00
Payment date2014-08-14
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.063.123.782.934.62+0.51
Tail (sen)71413328-0.71
Non-competitive take-up20.4%7.6%
GradeB (score +0.61)(z(B/C) − z(tail))/2 bucketed A(≥1)/B(≥0.3)/C/D(≤−0.3)/E(≤−1), vs last 12 same-tenor
Yield tail (bp)0.30.7

Same-tenor Auction History

3.004.002013-082013-122014-042014-08
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2014-08-12JGB (30-Year) No. 434.0671.676
2014-07-10JGB (30-Year) No. 433.12141.703
2014-06-05JGB (30-Year) No. 433.0071.714
2014-05-13JGB (30-Year) No. 424.6231.708
2014-04-11JGB (30-Year) No. 422.9371.696
2014-03-06JGB (30-Year) No. 424.28241.635
2014-02-06JGB (30-Year) No. 413.43281.587
2014-01-15JGB (30-Year) No. 413.34141.665
2013-12-10JGB (30-Year) No. 414.1571.704
2013-11-12JGB (30-Year) No. 404.4051.616
2013-10-10JGB (30-Year) No. 404.0761.630
2013-09-10JGB (30-Year) No. 403.87141.803
2013-08-09JGB (30-Year) No. 394.14261.791